Yousif Capital Management LLC Sells 1,478 Shares of Yum! Brands, Inc. $YUM

Yousif Capital Management LLC lowered its stake in shares of Yum! Brands, Inc. (NYSE:YUM) by 4.4% in the second quarter, Holdings Channel reports. The firm owned 32,400 shares of the restaurant operator’s stock after selling 1,478 shares during the period. Yousif Capital Management LLC’s holdings in Yum! Brands were worth $4,801,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in YUM. Brighton Jones LLC boosted its position in Yum! Brands by 8.0% during the fourth quarter. Brighton Jones LLC now owns 7,861 shares of the restaurant operator’s stock worth $1,055,000 after purchasing an additional 583 shares during the period. Elevation Point Wealth Partners LLC boosted its position in Yum! Brands by 13.5% during the first quarter. Elevation Point Wealth Partners LLC now owns 2,366 shares of the restaurant operator’s stock worth $372,000 after purchasing an additional 281 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of Yum! Brands by 151.4% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 156,690 shares of the restaurant operator’s stock valued at $24,657,000 after acquiring an additional 94,355 shares during the period. Dynamic Advisor Solutions LLC bought a new stake in shares of Yum! Brands in the first quarter valued at approximately $552,000. Finally, Ritholtz Wealth Management boosted its position in shares of Yum! Brands by 18.3% in the first quarter. Ritholtz Wealth Management now owns 2,646 shares of the restaurant operator’s stock valued at $416,000 after acquiring an additional 410 shares during the period. Institutional investors own 82.37% of the company’s stock.

Insider Buying and Selling

In other news, CEO David W. Gibbs sold 7,176 shares of the firm’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $149.80, for a total value of $1,074,964.80. Following the completion of the sale, the chief executive officer directly owned 102,893 shares in the company, valued at approximately $15,413,371.40. This trade represents a 6.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Scott Mezvinsky sold 275 shares of the firm’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $152.59, for a total value of $41,962.25. Following the completion of the sale, the chief executive officer owned 1,755 shares of the company’s stock, valued at approximately $267,795.45. This trade represents a 13.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 29,078 shares of company stock valued at $4,304,785. 0.33% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. TD Cowen reduced their price objective on Yum! Brands from $158.00 to $156.00 and set a “hold” rating for the company in a research report on Tuesday, August 5th. Piper Sandler increased their price objective on Yum! Brands from $155.00 to $157.00 and gave the company a “neutral” rating in a research report on Thursday, October 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of Yum! Brands in a research report on Wednesday, October 8th. JPMorgan Chase & Co. reduced their price objective on Yum! Brands from $162.00 to $160.00 and set an “overweight” rating for the company in a research report on Wednesday, August 6th. Finally, Barclays reissued an “overweight” rating and issued a $164.00 price objective (down from $167.00) on shares of Yum! Brands in a research report on Tuesday, August 5th. Eleven research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $161.48.

Yum! Brands Price Performance

Yum! Brands stock opened at $143.98 on Wednesday. The stock has a fifty day moving average price of $146.99 and a two-hundred day moving average price of $146.60. Yum! Brands, Inc. has a 52-week low of $122.13 and a 52-week high of $163.30. The firm has a market capitalization of $39.96 billion, a P/E ratio of 28.40, a P/E/G ratio of 2.18 and a beta of 0.72.

Yum! Brands (NYSE:YUM) last released its quarterly earnings data on Tuesday, August 5th. The restaurant operator reported $1.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.46 by ($0.02). Yum! Brands had a negative return on equity of 21.01% and a net margin of 18.11%.The company had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.94 billion. During the same quarter in the prior year, the company earned $1.35 earnings per share. The business’s revenue was up 9.6% compared to the same quarter last year. On average, equities research analysts predict that Yum! Brands, Inc. will post 5.94 EPS for the current fiscal year.

Yum! Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd were paid a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 2.0%. The ex-dividend date was Tuesday, September 2nd. Yum! Brands’s dividend payout ratio is currently 56.02%.

Yum! Brands Company Profile

Yum! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. The company operates through the KFC Division, the Taco Bell Division, the Pizza Hut Division, and the Habit Burger Grill Division segments. It also operates restaurants under the KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill brands, which specialize in chicken, pizza, made-to-order chargrilled burgers, sandwiches, Mexican-style food categories, and other food products.